SALEM HEIGHTS HALL - LoopNet

1 SVN | Commercial Advisors, LLC|1665 Liberty Street SE, Suite 200, SALEM , OR 97302 SALE BROCHURESALEM HEIGHTSHALL3505-3509 LIBERTY ROAD SSALEM, OR 97302 Curt Arthur, SIORM anaging HEIGHTS hall | 3505-3509 LIBERTY ROAD S SALEM , OR 97302 SVN | Commercial Advisors, LLC|Page 2 OFFERING SUMMARYSale Price:$550,000 Lot AcresYear Built:1911 Building Size:3,590 Renovated:1984 Zoning:CO/CRMarket:OfficePrice / SF:$ , for over the years by the Seller - Willamette Heritage Center. It is NOT on the National Historical or retail uses. The sale is subject to some conditions - please inquire with the listing (legal&medical)offices,SalemHeightsSchoo l,Thompson's(McMenamin's)BrewPub, and may OVERVIEWPROPERTY HIGHLIGHTS 3,590 SF Two parcels totaling.

2 45 acres Zoned CO ( hall ) and CR (land) List Price: $550,000 Property SummarySALEM HEIGHTS hall | 3505-3509 LIBERTY ROAD S SALEM , OR 97302 SVN | Commercial Advisors, LLC|Page 3 Additional PhotosSALEM HEIGHTS hall | 3505-3509 LIBERTY ROAD S SALEM , OR 97302 SVN | Commercial Advisors, LLC|Page 4 Additional PhotosSALEM HEIGHTS hall | 3505-3509 LIBERTY ROAD S, SALEM , OR 97302 SVN | Commercial Advisors, LLC|Page 5 Location MapsSALEM HEIGHTS hall | 3505-3509 LIBERTY ROAD S, SALEM , OR 97302 SVN | Commercial Advisors, LLC|Page 6 POPULATION1 MILE3 MILES5 MILEST otal population13,43979.

3 605163,133 Median age (male) age (Female) & INCOME1 MILE3 MILES5 MILEST otal households6,00033,01762,767# of persons per HH income$59,707$62,728$60,939 Average house value$267,018$251,683$235,240 ETHNICITY (%)1 MILE3 MILES5 (%) * Demographic data derived from 2010 US CensusDemographics Map initial agency DISCLOSURE pamphlet - INFORMATION FOR REAL ESTATE BROKERS AND PRINCIPAL BROKERSA licensed real estate broker or principal real estate broker is required to give a copy of an initial agency Disclosure pamphlet to each consumer the broker will represent.

4 The pamphlet describes the legal rela-tionship between a broker and the consumer when the broker acts as the consumer s agent. Real estate brokers and principal real estate brokers have legal obligations, called affirmative duties, to both buyers and sellers in a real estate transaction. Oregon Revised Statute (ORS) lists the affirmative duties of a licensed real estate broker or principal real estate broker acting as a seller s affirmative duties of a broker or principal broker acting as a buyer s agent are found in ORS (1) allows a real estate licensee to represent both the seller and the buyer in a real estate transaction under a disclosed limited agency agreement, provided there is full disclosure of the relation-ship under the agreement.

5 Oregon Administrative Rules (OAR), adopted by the Oregon Real Estate agency , provide the form and content of the disclosures and the related pamphlet . OAR 863-015-0215 is set forth below for the convenience of licensees. The agency has provided a sample initial agency Disclosure pamphlet after the broken line that meets the requirements of OAR agency Disclosure pamphlet (1) For purposes of this rule, at first contact means at the time the agent has sufficient contact informa-tion about a person to be able to provide an initial agency disclosure pamphlet to that person.

6 Contact with a person includes, but is not limited to contacts in person, by telephone, over the Internet, by elec-tronic mail, or by similar methods.(2) An agent shall provide a copy of the initial agency disclosure pamphlet , which complies with section (5) of this rule, at first contact with:(a) A prospective party to a real property transaction; or(b) An unrepresented party seeking representation during the course of a real property transaction.(3) An agent must provide the initial agency disclosure pamphlet in a written format by electronic mail, over the Internet, by USPS mail, facsimile, hand delivery or similar delivery method.

7 (4) An agent need not provide a copy of the initial agency disclosure pamphlet to a party who has, or may be reasonably assumed to have, received a copy of the pamphlet from another agent. (5) The initial agency disclosure pamphlet must contain:(a) The following information, directed to the consumer:(A) A licensed real estate broker or principal broker must give a copy of the initial agency disclosure pamphlet at first contact with a prospective party to a real property transaction or at first contact with an unrepresented party seeking representation during the course of a real property transaction.

8 (B) A licensed real estate broker or principal broker need not provide a copy of the initial agency dis-closure pamphlet to a party who has, or may be reasonably assumed to have, received a copy of the pamphlet from another broker. (C) The pamphlet describes the legal relationship between a broker and a consumer when the broker acts as the consumer s agent; and(D) The pamphlet is informational only and may not be construed to be evidence of intent to create an agency relationship, as provided in ORS (b) A general definition of an agency relationship and the three real estate agency relationships of seller s agent, a buyer s agent and a disclosed limited agent.

9 (c) The definition of confidential information in ORS (d) The affirmative duties and responsibilities of a seller s agent under ORS (e) The affirmative duties and responsibilities of a buyer s agent under ORS (f) The affirmative duties and responsibilities of a disclosed limited agent who represents both the buyer and the seller in a transaction under ORS (g) The following statement to the consumer, Whether you are a buyer or seller, you cannot make a licensee your agent without the licensee s knowledge and consent, and an agent cannot make you a client without your knowledge and consent.

10 (6) The Real Estate agency will make available a sample of an initial agency disclosure pamphlet that complies with section (5) of this rule on the agency s initial agency DISCLOSURE PAMPHLETC onsumers: This pamphlet describes the legal obligations of Oregon real estate licensees to consumers. Real estate brokers and principal real estate brokers are required to provide this information to you when they first contact you. A licensed real estate broker or principal broker need not provide the pamphlet to a party who has, or may be reasonably assumed to have, received a copy of the pamphlet from another pamphlet is informational only.